The rent curse : natural resources, policy choice, and economic development / Richard M. Auty and Haydn I. Furlonge.
The resource curse is a variant of a wider rent curse that can also be driven by geopolitical rent, regulatory rent, and labour rent. Total rent can therefore be from one-tenth to two-fifths of GDP and sometimes more. Rent is detached from the activity that generates it and is up for grabs so it fee...
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